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20121224
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PBS
Dec 24, 2012 4:30pm PST
laboratories, a netherlands based company, no in the medical business but in the energy business. explain why you like this multinational. >> yes, tom, sound like it belongs in the medical business, but actually no it's really a science business. core labs, about a $5 billion company and they specialize in helping oil companies find more oil and more gas that benefits all around the world. so they have scientists who actually take samples of rock and water, analyze that and try to help oil companies find more oil that may be hidden or tucked away so we can abscess more oil, which good for all o us. >> t: we're talking about an energy boon in the united states, energy prices, that's helped keep a cap on energy prices here. what kind of holding time frame do you anticipate to make some money? >> as we've seen this year, one reason why core labs is attractive from a valuation perfect suspective we've seen the stock soften this year as some of the rig counts have softened as well because of the i prices of natural gas have really fallen. and i do think this will reverse sometime over the next fe
Search Results 0 to 3 of about 4 (some duplicates have been removed)